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Updated about 6 years ago,

User Stats

42
Posts
5
Votes
Handie Kunen
  • Rental Property Investor
  • Bedminster, NJ
5
Votes |
42
Posts

Seller finance as a seller

Handie Kunen
  • Rental Property Investor
  • Bedminster, NJ
Posted

We own a single-family property in Georgia. There is a tenant in there who is interested in buying the property, but her credit is not good enough. We’re thinking about doing seller finance but not sure how to start. The agent told us to come up with a plan and talk to the tenant directly. Our question is, what professionals / companies do we need to close a deal like this? Attorney? Title / escrow company? Real estate agent? How do we repossess the property if the tenant does not pay?

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